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C온라인카지노사이트 Daily Open: Artificial intelligence is still key to markets despite tariffs overshadowing the technology

Tesla Cybercab or Robotaxi two-passenger battery-electric self-driving car on display at the AutoSalon on Jan. 10, 2025 in Brussels, Belgium.
Sjoerd Van Der Wal | Getty Images News | Getty Images
  • The S&P 500 lost 0.39%, ending its six-day run in the green.
  • Tesla CEO Elon Musk said he’s committed to leading the company for the next five years. 
  • Separately, Musk confirmed Tesla will have robotaxis in Austin by the end of June.
  • Google is adding a new artificial intelligence subscription service called “Google AI Ultra.”
  • Apple returned the Epic Games title Fortnite to its app store, five years after its removal. 
  • AI is still most important theme for markets, said Josh Brown, CEO of Ritholtz Wealth Management.

One consequence of the tariff tumult caused by U.S. President Donald Trump over the past month is that investor enthusiasm over artificial intelligence has waned. Only three of the Magnificent Seven stocks — all of which have a finger in the AI pie — are positive this year, with eking out a tiny 0.07% gain year to date.

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The dampened investor mood over AI — relative to the frenzy over the theme in 2024, at least — doesn't reflect the priorities of companies, which are still and leveraging the technology to find new revenue streams. Google-parent Alphabet will be adding a new AI subscription service that costs $249.99 a month, while Tesla is banking on AI to power its robotaxi ambitions.

Indeed, Josh Brown, co-founder and CEO of Ritholtz Wealth Management, wrote on C온라인카지노사이트 PRO that AI will still be the main catalyst for markets despite tariffs sucking all the air out of the trading floor since Trump's "Liberation Day" on April 2. And with the rally in stocks flagging Tuesday, AI could eventually provide more wind to markets' sails.

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What you need to know today

S&P 500 breaks six-day win streak
. The lost 0.39%, ending its six-day run in the green. The lost 0.27% and the declined 0.38%. The pan-European Stoxx 600 . Shares of fell 3.3% following  saying the Swiss government is expected to impose higher capital requirements on the banking giant.

Musk wants to continue leading Tesla
CEO Elon Musk said Tuesday there is "no doubt" about the fact that he's the company for the next five years. He wants to have "sufficient voting control" so he cannot be ousted by activist investors, Musk said, and added that he will in the future because he's "done enough." Musk was speaking at Bloomberg's Qatar Economic Forum in Doha.

Tesla will launch robotaxis in June
In a separate interview with C온라인카지노사이트's David Faber on Tuesday at Tesla's headquarters in Austin, Texas, Musk said he expects Tesla and xAI t Nvidia and . Musk also confirmed the company will have . Rival robotaxi firm Waymo, owned by Alphabet, told C온라인카지노사이트 the same day it has .

New 'Google AI Ultra' subscription
 is called "Google AI Ultra." The plan includes the Google's flagship AI app Gemini with the newly announced Gemini 2.5 Pro "DeepThink" mode, new filmmaking AI tool Flow and note-to-podcast tool Notebook LM, the company announced Tuesday at its annual developer conference Google IO. The service will cost $249.99 per month.

Fortnite back on App Store
  on Tuesday, returning the game to the., five years after its removal. Fortnite was  after Epic updated its game over the web to take payments directly instead of through Apple's in-app payment mechanism, which charges fees of up to 30%. Last month, a judge ruled that Apple wasn't allowed to charge a commission when apps link out for payment.

[PRO] Artificial intelligence, not tariffs
Josh Brown, CEO of Ritholtz Wealth Management and , said Tuesday the most important theme for the stock market right now is not tariffs, but rather artificial intelligence. and the AI stock he bullish on.

And finally...

Vessels carrying shipping containers sail near Kwai Tsing Container Terminal in Hong Kong, China, April 23, 2025.
Tyrone Siu | Reuters
Vessels carrying shipping containers sail near Kwai Tsing Container Terminal in Hong Kong, China, April 23, 2025.

The intense trade war with the U.S. has left lasting scars on Chinese exporters, with many looking to diversify away from the U.S., despite the temporary tariff reprieves, a private survey found.

Based on a poll of 4,500 exporters across several major economies, trade insurer Allianz Trade found that 95% of Chinese exporters surveyed are planning on, if not already, doubling down on exporting to markets outside the U.S. for their goods.

The U.S.-China "decoupling" remains a likely scenario over the medium term, the survey said, as Chinese exporters look to pivot away from the U.S. and American firms accelerate efforts to shift production out of China.

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